Marshall Dekalb Eletric Cooperative

$1,218,600 PPP Loan in Boaz, Alabama

Loan Details

Loan Number
3017267209
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,218,600
Current Approval
$1,218,600
Forgiveness Amount
$1,226,792
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Marshall Dekalb Eletric Cooperative
Address
10025 Al Highway 168
City
Boaz
State
Alabama
ZIP Code
35957-1885
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$1,029,000
Health Care
$189,600

Lender Information

Servicing Lender
Peoples Independent Bank
Originating Lender
Peoples Independent Bank

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